Preggies with #6 had to move. 1800 sq. foot colonial on an extra large lot in subdivision. 4 bedroom, living room, family room, dining room and large eat in kitchen 1 1/2 baths, full basement and attached garage for 19,900.00 that was in the mid 60's...Cannot get a car for that now...mortgage at 6% 30 years. Payments were 89.00 dollars a month...
The first house we bought in 1960 was a 3 bedroom 1000 sq. foot ranch and it cost $12,900.00 Had to put 3000 down (borrowed and repaid) house payment was 56.00 a month.
A first home today is probably around 2000 square foot. I am visiting a lot of my friends in Norfolk these last two weeks (I went to five friends so far and more to visit) and cannot believe how large these homes are. I am going to buy a home in Annapolis in a few months. The problem with comparing 1960 to today is not possible because a 1000 square foot home is so small and not even possible to live in. Although there might not even be 1000 Sq foot homes built. It is impossible to compare.